Head

Role & responsibilities

Financial Planning & Budgeting

Implement financial policies for the company so as to ensure effective and timely financial management of the companys affair and compliance with relevant regulations

Initiate and Drive Annual Operating Plan and Execute Month on Month to achieve organizational goal

Identify different cost optimization Process and work with cross functional team to increase gross margin of the company

Monitor business growth and revenue as per the AOP and Inform Management time to time about Financials of the Organization, in case any interventions are required to reduce deviation between AOP, Revenues and achievements.

Plan and ensure efficient management of funds, treasury management, commercial activities, etc.

Implement timely and accurate insurance and re-insurance activities of company assets so as to minimize exposure and look at leverage points for the organization

Prepare annual budget and cash flow forecast and variances against budgets so as to assist in decision-making

Identify different cost optimization processes and work with cross functional team to increase gross margin of products to achieve better profitability

Regular monitoring of Working Capital, fixed and variable cost of business and take corrective actions in case of any deviations

General Accounting

Manage and oversee the daily operations of the accounts department.

Ensure timely preparation and finalization of monthly, quarterly, half yearly and yearly MIS, P&L and balance Sheet

Maintain, reconcile and analyze debtors and creditors accounts

Provide accurate and timely data for internal/ external audits

Improve Accounting systems and procedures and initiate corrective actions

Ensure timely payment to vendors and other parties

Ensure timely processing of payroll and manage reimbursements and disbursements of salaries

Import/export documentation & accounting

Taxation

Ensure timely preparation of documents for Tax Audit with proper planning and in consultation with CFO and liaise with tax auditors for timely finalization of the same and filing of the same with tax authorities

Implement Policies & Procedures to analyze & assess the risks and establish the controls

Research tax laws and regulations and provides technically and commercially sound advice for both planning and compliance purposes in relation to GST, Income Tax Service Tax, TDS, Excise and other direct and indirect taxes as relevant.

Verification and timely Payment of Customs Duty other levies etc. and give necessary tax,

accounting and maintain all documents and comply with procedural requirements

Analysis of various legal provisions and providing required inputs, to represent before various tax authorities to comply with procedural part pertaining to various notices assessments, investigations, appeals.

Banking

Treasury management liaison with bank, preparation of loan proposal, renewal data of limits, banking compliances, FOREX management

Regular Reconciliation of bank and investment accounts

Build and maintain harmonious and strong relations with banking and investment institutions

Taking care of daily banking requirements of Organization.

Sharing financial details with banks for existing or new loans.

People Management

Ensure availability of team as per the manpower plan and budget

Create successor of each key positions of the Department

Impart Group, Vision, Mission and value system across the team

Motivate, monitor and manage team in a high Growth environment with harmonious working environment

Ensure everybody has defined KRAs and KPIs to provide better role clarity and performance measures

Close monitoring of team performance and pro-actively design to enhance their productivity through Training & development

To develop skills of team members including multiskilling to mitigate shortage of skilled manpower

JOB SPECIFICATIONS:

Professional Qualifications: CA/CA Inter

COMPETENCIES FRAMEWORK:

Technical Competencies

Financial Planning, Cost optimization, process compliance

MIS & Budgeting

Accounting & Taxation

Banking & Insurance

MIS, Tally

Behavioral Competencies

Business Acumen

Leadership (Lead by Example)

Team Management

Good Interpersonal & Communication Skills

Analytical Skills

This Company turnover is 200 cr (approx.)

Preferred candidate profile

Experience on Tally (must)

Handle multiple plants